Commercial property insurance covers damages to the property on which your business is located, whereas liability insurance deals with damages to third parties.

You can be sued for damages you cause to your home\u2014so-called \u201cnegligence.\u201d Your renter\u2019s insurance policy may provide liability protection for any negligence and may pay defense costs if a person is injured on your property or if you are sued for damage you caused to your apartment.

Is it cheaper to have your teen drive a new vehicle or a used car? As long as the vehicle is reliable, youll save money with a used vehicle, particularly if you decide to drop the collision and comprehensive coverage on that vehicle.